Housing costs in New Castle?
A typical home costs
$132,800, which is 60.7% less expensive than the national average of
$338,100 and 45.3% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in New Castle costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 44.0% cheaper than the state average of
$1,210.
Can I afford New Castle?
To live comfortably in New Castle Pennsylva Metro Area, Pennsylvania, a minimum annual income of
$25,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about New Castle?
The cost of living in the New Castle, PA Metro Area is significantly lower than the US average. According to data from Cost of Living Index, the average cost of living in New Castle is 74.7 compared to the US average of 100. This means that you can expect to pay about 25% less for goods and services in this area than you would on average across the country. This cost savings can be especially beneficial for those looking to purchase a home, as the median house value in New Castle is $133,800 while the US average is $338,100. Thus, New Castle boasts an excellent combination of low cost of living and affordable housing prices.